China CPCIF Alliance EndPlastic Waste

China CPCIF Alliance EndPlastic

Chinese industry federation joins the Alliance to End Plastic Waste

China CPCIF Alliance EndPlastic

The Alliance to End Plastic Waste (the Alliance) today announced a strategic partnership with China Petroleum and Chemical Industry Federation (CPCIF) to jointly promote the reduction and elimination of plastic waste in the natural environment in China, said Endplasticwaste..

The new partnership will bring together the Alliance’s 47 leading global member companies and the strengths of CPCIF to jointly formulate a strategic approach to identify and collaboratively implement local solutions in China to address the plastic waste challenge. China CPCIF Alliance EndPlastic

“No one country, company or community can solve the plastic waste challenge on their own. The Alliance believes in the collaboration of governments through public-private partnerships and long term commitment focused on acting locally through projects that address a city’s specific challenges,” said Jacob Duer, President and CEO, Alliance to End Plastic Waste. “We are excited to have CPCIF as our partner and endeavour to make a meaningful and valuable contribution to China’s national effort to eliminate plastic waste from leaking into the environment.” China CPCIF Alliance EndPlastic

“Advocating green development and promoting circular economy is one of the key tasks of China’s petroleum and chemical industry,” said Li Shousheng, Chairman of China Petroleum and Chemical Industry Federation. “We firmly believe that since we invented plastic, we will also bound to find solutions to the plastic waste problem. CPCIF is willing to give full play to its industry advantages, work with stakeholders in the industry value chain and international partners, such as the Alliance, who shares the same vision as CPCIF, to jointly and effectively promote the plastic circular economy, improve and solve plastic waste problems.China CPCIF Alliance EndPlastic

In addition, the partnership will open up opportunities to prove and accelerate solutions that will unlock capital investments, which are necessary to tackle the plastic waste challenge in China.

According to MRC’s  ScanPlast  report, Russia’s estimated PE consumption totalled 721,290 tonnes in the first four month of 2020, up by 4% year on year. Low density polyethylene (LDPE) and linear low density polyethylene (LLDPE) shipments grew partially because of the increased capacity utilisation at ZapSibNeftekhim.  At the same time, PP shipments to the Russian market totalled 347,440 tonnes in January-April 2020 (calculated by the formula production minus export plus import). Supply exclusively of PP random copolymer increased. China CPCIF Alliance EndPlastic

mrcplast.com

Author: Anna Larionova

Petrochemicals CrudeOil Oxodegradable PA 08-07-2020